Mick Simonelli a former executive innovation leader USAA argues that transformational leaders are necessary for driving innovation in large financial organisations. The business world is changing at an unprecedented rate and innovation is a driving force behind its ongoing transformation. Social business, technology, globalisation and information are just some of the latest developments that are revolutionising traditional business models and companies are quickly realising that if they are to succeed in the long term they must adapt quickly or risk falling behind. Large, established financial services companies in particular are in a strong position to develop and capitalise on the latest in innovation. But if they are to do this well, they need transformational leaders at their helm that are willing to embrace change and challenge traditional ways of thinking. Read More at: http://www.financialservicesinnovation.com/cino-30-blog.html